China’s embattled film industry on track for recovery

For now, it remains unclear whether China's box office sales in 2023 will be able to top 2021’s record, but analysts are optimistic. PHOTO: LIANHE ZAOBAO FILE
Gift this subscriber-only story to your friends and family

BEIJING - Ticket sales at China’s box office for the first five days of the week-long Chinese New Year break have surpassed the figure for the same period in 2022, as the world’s biggest film industry recovers from setbacks due to the country’s strict zero-Covid policy of the past three years.

Latest figures from Maoyan, a Hong Kong-listed entertainment company, showed that box office sales in China hit 5.7 billion yuan (S$1.1 billion) as at 5.30pm on Thursday, 12 per cent higher than the 5.1 billion yuan for the same five-day period in 2022.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.